Brazil’s former president Rousseff was appointed as the new president of the “New Development Bank”, which finances infrastructure development in five emerging countries such as China and Russia, BRICS.
Headquartered in Shanghai, China, the BRICS development bank “New Development Bank” is invested by five emerging countries: Brazil, China, India, Russia, and South Africa, and provides financing for infrastructure development in these five countries. .
On the 24th, the New Development Bank announced that former President Rousseff of Brazil was unanimously elected as the new president by the Board of Directors, and Mr. Rousseff became the new president.
Rousseff was elected as the president of Brazil, stating, “In addition to stabilizing the economy and creating jobs, he actively worked to eradicate poverty. Internationally, he promoted multilateralism and sustainable development.” is.
The president of the New Development Bank is supposed to be a person from Brazil for five years until July 2025, and Brazilian President Lula, who took office in January this year, is a former diplomat appointed by former President Bolsonaro. He called for the replacement of the former president.
Rousseff became Brazil’s first female president in 2011 and was re-elected in 2014. The appointment of the president is divided in Brazil.